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LG Electronics Opens First Overseas AI Research Lab

LG Electronics Opens First Overseas AI Research Lab

SEOUL, Aug. 1 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has opened its first overseas research center devoted solely to the development of artificial intelligence (AI) technologies. The South Korean tech giant said the Toronto AI Lab in Canada will carry out various research through cooperation with the University of Toronto starting from [...]

Samsung Develops New DRAM for 5G, AI Features of Smartphones

Samsung Develops New DRAM for 5G, AI Features of Smartphones

SEOUL, Jul. 17 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has developed a new mobile dynamic random access memory (DRAM) solution optimized for the fifth-generation (5G) network and artificial intelligence (AI) features of smartphones. The South Korean tech giant said it finished the development of the 10nm-class 8Gb LPDDR5 DRAM in April, boasting [...]

Jumio Records Best Sales Quarter in Company History, Fueled by Q2 Growth in Asia Pacific

Jumio Records Best Sales Quarter in Company History, Fueled by Q2 Growth in Asia Pacific

PALO ALTO, Calif., Jul. 10 (Korea Bizwire) — Jumio, the leading AI-powered trusted identity as a service provider, today announced its best sales quarter in company history, ending June 30, 2018, representing a 269 percent increase in sales over the same quarter last year. The results were fueled by record sales growth in the Asia [...]

Baidu Unveils High-Performance AI Chip, Kunlun, at Baidu Create 2018

Baidu Unveils High-Performance AI Chip, Kunlun, at Baidu Create 2018

BEIJING, Jul. 3 (Korea Bizwire) — Baidu Inc. (NASDAQ:BIDU) today announced Kunlun, China’s first cloud-to-edge AI chip, built to accommodate high performance requirements of a wide variety of AI scenarios. The announcement includes training chip “818-300”and inference chip “818-100”. Kunlun can be applied to both cloud and edge scenarios, such as data centers, public clouds [...]

AI Technology Used to Check Rail Tracks

AI Technology Used to Check Rail Tracks

SEOUL, Jun. 25 (Korea Bizwire) — Korea Railroad Corporation or Korail, the country’s national railroad operator, announced that it has successfully created a system that alerts railway workers to bird’s nests on the tracks by transmitting relevant data to workers. According to Korail, the new system, based on artificial intelligence, can identify a magpie’s nest [...]

NetSpeed Unveils Orion AI – Delivering Extreme Performance and Ultimate Efficiency for Next-gen AI SoCs

NetSpeed Unveils Orion AI – Delivering Extreme Performance and Ultimate Efficiency for Next-gen AI SoCs

SAN JOSE, Calif., Jun. 21 (Korea Bizwire) — NetSpeed Systems today announced the release of Orion AI, the industry’s first SoC interconnect solution targeted specifically for AI-enable SoC applications. It includes advanced features such as multicast and broadcast to improve performance and efficiency in AI-enable SoCs and accelerator ASICs used for datacenters, autonomous vehicles, AR/VR, [...]

Hyundai Motor to Develop AI Tech with Chinese Partners

Hyundai Motor to Develop AI Tech with Chinese Partners

SEOUL, Jun. 14 (Korea Bizwire) — Hyundai Motor is set to develop futuristic AI technology for self-driving cars by partnering with Chinese tech companies. At CES Asia 2018 in Shanghai, the largest electronics exhibit in Asia, the Korean carmaker announced a tech partnership with DeepGlint, a Chinese startup specializing in the field of artificial intelligence. [...]

AI, Captain! Hitachi Partners with Stena Line to Implement Digital Technology in Shipping

AI, Captain! Hitachi Partners with Stena Line to Implement Digital Technology in Shipping

LONDON, Jun. 7 (Korea Bizwire) — Hitachi Europe Ltd., a subsidiary of Hitachi, Ltd. (TSE:6501), has partnered with Stena Line, one of the largest shipping companies in Europe, to implement artificial intelligence technology on ships to reduce fuel consumption costs and become an important tool in the company’s efforts to minimise environmental impact. The partnership [...]